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The Long Tail Approach to Segmentation Indicates That Companies Can

question 74

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The long tail approach to segmentation indicates that companies can make money on selling small amounts of items that only a few people want..


Definitions:

Network

A system of interconnected computers, servers, or devices that can communicate and share resources.

Low-Cost

Referring to products, services, or strategies designed to be affordable or cheaper than the majority of comparable options.

Rivals

Competitors who are in direct competition with one another, often within the same industry or market.

Sequential Interdependence

Describes a workflow situation where the output of one task is the input for the next, indicating a direct order of operations among tasks.

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